NOT LISTED FOR SALE

355 Potomac Dr Basking Ridge, NJ 07920

Estimated Value: $387,369 - $405,000

2 Beds
1 Bath
-- Sq Ft
305 Sq Ft Lot Lot

Sale Details

Date Sold: June 5, 2023

Last sale price $325,000

Est. 21% increase in value since last sale

Current estimated payment $2,626 / mo

9 Days on Market

About This Home

As of June 2023

This home is located at 355 Potomac Dr, Basking Ridge, NJ 07920 since 17 April 2023 and is currently estimated at $396,092. This property was built in 1989. 355 Potomac Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

ILANA RAPP

WEICHERT REALTORS Brokerage Phone: 908-781-1000 Listed on: 04/17/2023

Last Buyer's Agent

Richelle Mayfield

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 305

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

305 Sq Ft Lot

Listing Details

  • Year Built: 1989
  • County Name: Somerset
  • I D: 5214349
  • Attribution Contact: 908-781-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: MADISON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Sharma Amit and Sharma Fnu
Bought by
Comfort Living Properties Llc
Current Estimated Value
$392,448

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 30, 2023
Sold by
Mcrae Steven C and Mcrae Leslie N
Bought by
Sharma Amit and Sharma Sandhya Fnu
Seller's Agent
ILANA RAPP
WEICHERT REALTORS
Buyer's Agent
Richelle Mayfield
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$195,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1999
Sold by
Law Ronald
Bought by
Law Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Comfort Living Properties Llc -- None Listed On Document
Sharma Amit $325,000 None Listed On Document
Sharma Amit $325,000 None Listed On Document
Law Leslie $140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Sharma Amit $195,000
Previous Owner Law Leslie $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $325,000 -3.0% --
05/05/2023 05/05/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $335,000 -- --
Source: Garden State MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,976 $354,500 $140,000 $214,500
2024 $5,976 $335,900 $124,000 $211,900
2023 $6,360 $337,200 $124,000 $213,200
2022 $6,029 $299,800 $120,000 $179,800
2021 $2,768 $255,200 $120,000 $135,200
2020 $5,225 $249,500 $115,000 $134,500
2019 $5,030 $247,300 $125,000 $122,300
2018 $5,099 $254,300 $123,000 $131,300
2017 $4,899 $246,300 $123,000 $123,300
2016 $4,515 $231,400 $123,000 $108,400
2015 $4,510 $235,400 $120,000 $115,400
2014 $4,417 $228,400 $120,000 $108,400
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    ILANA RAPP

    WEICHERT REALTORS

  • R

    Buyer's Agent in 2023

    Richelle Mayfield

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 766-0085

    3 in this area

    11 Total Sales

    Richelle Mayfield
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Map

Source: Garden State MLS

MLS Number: 3838615

Garden State MLS

APN: 02-08701-0000-00211-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

355 Potomac Dr, Basking Ridge, NJ

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